Long Lines Sells Wireless Network and Assets to AT&T
Date posted - July 28, 2013
Sergeant Bluff, Iowa — Long Lines has announced that it has agreed to sell its wireless network assets and transfer its Long Lines Wireless subscribers to AT&T Mobility. AT&T Mobility has also agreed to purchase transport services from Long Lines utilizing its state-of-the-art fiber optic network. This transaction does not affect any of Long Lines’ non-wireless network services including landline voice, broadband Internet and Cable TV programming. Long Lines plans to re-invest the proceeds of the sale to expand its non-wireless service offerings, and fiber optic network.
The sale is expected to be completed during the fourth quarter of 2013 or first quarter of 2014 following regulatory approval by the Federal Communications Commission.
Following the sale, Long Lines Wireless customers will have additional choices from among the 4G service plans and phones offered by AT&T, many on an exclusive basis.
Company officials say that regional wireless providers have limited access to the latest smartphones and other devices, and it has become increasingly difficult for Long Lines Wireless to meet the digital mobile needs of their customers.
Chuck Long, Chairman of Long Lines, and Jon Winkel, Vice Chair, say that they think this sale is tremendously positive for Long Lines’ customers. They say their wireless subscribers will be able to choose from the state-of-the-art phones and services offered by AT&T, and they are excited about the investments in new services and equipment they will now be able to offer to their Internet and Cable TV customers.
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